HSBC Cuts McCormick & Company, Incorporated (NYSE:MKC) Price Target to $69.00

McCormick & Company, Incorporated (NYSE:MKC) had its target price reduced by equities researchers at HSBC from $75.00 to $69.00 in a report released on Friday,MarketScreener reports. The firm currently has a “hold” rating on the stock. HSBC’s target price would indicate a potential upside of 13.55% from the stock’s current price.

A number of other equities analysts have also recently commented on MKC. Weiss Ratings restated a “hold (c-)” rating on shares of McCormick & Company, Incorporated in a report on Tuesday, October 14th. UBS Group lowered their price objective on shares of McCormick & Company, Incorporated from $70.00 to $67.00 and set a “neutral” rating for the company in a research note on Friday. Wall Street Zen upgraded shares of McCormick & Company, Incorporated from a “sell” rating to a “hold” rating in a report on Saturday, October 11th. Stifel Nicolaus reduced their target price on shares of McCormick & Company, Incorporated from $71.00 to $65.00 and set a “hold” rating on the stock in a report on Friday. Finally, Sanford C. Bernstein restated an “outperform” rating and issued a $87.00 price target on shares of McCormick & Company, Incorporated in a research note on Thursday, December 11th. Five investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $73.80.

McCormick & Company, Incorporated Trading Down 0.7%

MKC traded down $0.44 on Friday, hitting $60.76. The company had a trading volume of 6,499,997 shares, compared to its average volume of 3,665,177. The company’s fifty day moving average price is $66.73 and its 200 day moving average price is $67.83. McCormick & Company, Incorporated has a 1 year low of $59.62 and a 1 year high of $86.24. The company has a current ratio of 0.70, a quick ratio of 0.29 and a debt-to-equity ratio of 0.54. The firm has a market cap of $16.31 billion, a P/E ratio of 20.74, a PEG ratio of 3.82 and a beta of 0.62.

McCormick & Company, Incorporated (NYSE:MKC) last posted its earnings results on Thursday, January 22nd. The company reported $0.86 earnings per share for the quarter, missing the consensus estimate of $0.87 by ($0.01). The company had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.84 billion. McCormick & Company, Incorporated had a net margin of 11.54% and a return on equity of 14.27%. The firm’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter last year, the business posted $0.80 EPS. McCormick & Company, Incorporated has set its FY 2026 guidance at 3.050-3.130 EPS. As a group, equities analysts expect that McCormick & Company, Incorporated will post 3.07 earnings per share for the current year.

Insider Transactions at McCormick & Company, Incorporated

In related news, CEO Brendan M. Foley sold 57,144 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $65.56, for a total transaction of $3,746,360.64. Following the completion of the sale, the chief executive officer owned 108,652 shares in the company, valued at $7,123,225.12. The trade was a 34.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Lawrence Erik Kurzius sold 50,000 shares of the stock in a transaction that occurred on Tuesday, January 13th. The shares were sold at an average price of $67.43, for a total transaction of $3,371,500.00. Following the completion of the transaction, the insider owned 246,762 shares in the company, valued at $16,639,161.66. This represents a 16.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 146,158 shares of company stock worth $9,635,824. Company insiders own 23.80% of the company’s stock.

Hedge Funds Weigh In On McCormick & Company, Incorporated

Several hedge funds have recently made changes to their positions in the company. Bank of Jackson Hole Trust purchased a new position in McCormick & Company, Incorporated in the second quarter worth $25,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of McCormick & Company, Incorporated during the 2nd quarter worth $27,000. Anfield Capital Management LLC grew its stake in shares of McCormick & Company, Incorporated by 161.3% during the 2nd quarter. Anfield Capital Management LLC now owns 392 shares of the company’s stock worth $30,000 after purchasing an additional 242 shares during the period. Curio Wealth LLC increased its holdings in shares of McCormick & Company, Incorporated by 39,900.0% in the 2nd quarter. Curio Wealth LLC now owns 400 shares of the company’s stock valued at $30,000 after purchasing an additional 399 shares in the last quarter. Finally, MTM Investment Management LLC purchased a new position in shares of McCormick & Company, Incorporated in the 2nd quarter valued at about $30,000. Hedge funds and other institutional investors own 79.74% of the company’s stock.

McCormick & Company, Incorporated News Summary

Here are the key news stories impacting McCormick & Company, Incorporated this week:

• Positive Sentiment: McCormick and the parent company of Dash and Spice Islands said they are raising prices, which should help offset input cost pressure and support margins if volumes hold. Your Favorite Spices May Get a Bit More Expensive Soon. Here’s the Reason Why
• Positive Sentiment: Some investors and analysts see the pullback as a buying opportunity: recent commentary highlights resilient volume growth, market-share gains and long-term demand tailwinds from at-home and health-focused eating. McCormick: ‘Buy’ The Dip Opportunity Is Here (Upgrade)
• Positive Sentiment: Management outlined a 1%–3% organic sales-growth target for 2026 driven in part by the Mexico acquisition and operational recovery, signaling a path to revenue expansion. McCormick outlines 1%-3% organic sales growth target for 2026 driven by Mexico
• Neutral Sentiment: Company released its full Q4 results and a FY‑2026 outlook: revenue grew ~2.9% year-over-year and management provided slide deck/transcript materials for investors to parse. McCormick Q4 press release / slide deck
• Neutral Sentiment: Analyst reports and earnings-call transcripts provide mixed reads — some focus on improving organic sales and efficiency initiatives while others emphasize near-term headwinds. Q4 earnings call transcript
• Negative Sentiment: Q4 EPS of $0.86 missed consensus by $0.01 and, more significantly, FY‑2026 EPS guidance of $3.05–3.13 came in below the Street forecast (~$3.21), raising near-term earnings concerns. MKC Q4 results and guidance
• Negative Sentiment: McCormick warned tariffs and higher commodity/input costs will pressure margins in 2026, and Reuters flagged the company’s weaker profit forecast as a driver of investor concern. Cholula sauce maker McCormick forecasts weak annual profit on tariffs, higher input costs
• Negative Sentiment: Analysts at UBS and Stifel trimmed price targets (UBS: $70→$67, Stifel: $71→$65), reflecting reduced near-term upside and contributing to selling pressure. Benzinga — analyst target cuts

About McCormick & Company, Incorporated

McCormick & Company, Incorporated (NYSE: MKC) is a global leader in spices, seasonings and flavor solutions. Headquartered in Hunt Valley, Maryland, the company traces its origins to the late 19th century and has grown into a major manufacturer and marketer of branded and private‑label flavor products for consumer, industrial and foodservice markets.

McCormick’s product portfolio includes pure spices and herbs, blended seasonings, marinades, rubs, sauces, extracts and specialty flavorings, along with ingredient systems and custom flavor development for manufacturers and foodservice operators.